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What is interest rate and business decision?​
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14 votes
14 votes
What is interest rate and business decision?​

User Russell Hart
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2 Answers

16 votes
16 votes

Answer:

Interest rate is the proportion of any loan that's charged as an interest to the borrower.

Business decision is the process through which professionals solve problems regarding any kind of business.

Explanation

User Edwin Enriquez
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2.4k points
24 votes
24 votes

Answer:

An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. The business decision-making process is a step-by-step process allowing professionals to solve problems by weighing evidence, examining alternatives, and choosing a path from there.

Step-by-step explanation:

User Art Shayderov
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